Gander Mountain and the confusing ‘going out of business’ sale; many stores will remain open

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ST. PAUL, Minn. — There is a lot of confusion online about Gander Mountain and its going out of business sale, which has many people wondering if their local store will be closing on May 18.

The chain operates one store in Colorado — at 18420 Cottonwood Drive in Parker.

Gander Mountain, a retail network of stores that sells outdoor and hunting equipment based in Minnesota, announced it would be closing all of its locations.

The store’s website on Monday showed a large image that says “All 126 locations nationwide going out of business!” and a second image that says “Store closing!”

But there’s a catch.

On May 1, Marcus Lemonis, chairman and CEO of Camping World and best known for his show “The Profit” on CNBC, announced Camping World’s successful bid for certain assets of Gander Mountain in a bankruptcy auction in April.

“After reviewing the stores in more detail since our successful bid in the bankruptcy process, our current goal is operate seventy or more, locations subject to, among other things, our ability to negotiate lease terms with landlords on terms acceptable to us and approval of the Bankruptcy Court,” Lemonis said.

Lemonis said the current liquidation will allow the company to start with a “clean slate” with a desired mix of inventory.

Lemonis said the liquidators will continue to run the Gander Mountain website until May 18. After that date, he will regain access to the website and will publish information about the stores to remain open.

Lemonis shared a list on Twitter that includes the stores expected to remain open past May 18. Lemonis said the list of stores will likely be updated through the afternoon.

If a Gander Mountain location that is not included on the list from Lemonis, it’s safe to assume it won’t be closing on May 18.

On the official Gander Mountain website, it says “Gift cards accepted until May 18.”

Lemonis has not publicly commented on whether gift cards will be accepted at the stores that will remain open past May 18.

He tweeted Sunday urging customers to “use your gift cards up asap,” but that has since been deleted.

Lemonis also said he “absolutely” anticipates opening additional Overtons locations in the future.


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